• About
  • Subscribe
  • Contact
Wednesday, March 29, 2023
    Login
FutureCFO
  • Business Insights
    • Competencies and Capabilities
    • Digital Transformation
    • Leadership and Roles
    • Mergers and Acquisitions
    • Risk and Regulation
    • Strategies and Tactics
  • Operations
    • Audit and Compliance
    • Finance Accounting and Reporting
    • Operational Accounting and Control
    • Tax Management and Optimization
    • Treasury and Cash Management
  • Technology
    • Artificial Intelligence
    • Automation
    • Big Data
    • Blockchain
    • Business Applications
    • Cloud, Platforms and Ecosystems
    • Future Technology
  • Resources
    • Whitepapers
    • PodChats
    • Videos
  • Events
  • Awards
  • Knowledge Hub
    • Sustainable Finance
No Result
View All Result
  • Business Insights
    • Competencies and Capabilities
    • Digital Transformation
    • Leadership and Roles
    • Mergers and Acquisitions
    • Risk and Regulation
    • Strategies and Tactics
  • Operations
    • Audit and Compliance
    • Finance Accounting and Reporting
    • Operational Accounting and Control
    • Tax Management and Optimization
    • Treasury and Cash Management
  • Technology
    • Artificial Intelligence
    • Automation
    • Big Data
    • Blockchain
    • Business Applications
    • Cloud, Platforms and Ecosystems
    • Future Technology
  • Resources
    • Whitepapers
    • PodChats
    • Videos
  • Events
  • Awards
  • Knowledge Hub
    • Sustainable Finance
No Result
View All Result
FutureCFO
No Result
View All Result
Home Business Insights

ACCA: Digital and data comes to the fore during the pandemic

FutureCFO Editors by FutureCFO Editors
August 28, 2020
coronavirus

Image by geralt on Pixabay

Data and digital transformations have increased exponentially in the workplace over the pandemic, with the role of and reliance on technology becoming more significant than ever before as more organisations adopt digital products and services to survive, said ACCA recently.

This has been the result of the maturing of digital applications to a level that’s made them widely usable and hyper-relevant in the current situation, the accountancy body added.

‘Technology and digital have helped many organisations to continue to operate – those already thinking about digitisation adapted better, while those who had historically resisted it found their problems amplified, said Narayanan Vaidyanathan, the author of a recently released ACCA report titled Digitisation and the Global Pandemic

“Many have had to accelerate their digital plans, and make huge changes to how an organisation actually works,” Vaidyanathan noted. “Home working has become the norm, and for managers this has demanded a change in style and approach – the rise of digital has meant the need for even more leadership from the front, with a strong human touch.”

The pandemic has also transformed how business is done, with a greater expectation that organisations will act with care and compassion, said Sam Ellis, chair of ACCA’s Global Technology Forum.

“The pandemic has, at least for now, reduced the tolerance for traditional hard-charging ways of doing business,” Ellis pointed out. “Organisations are thinking more critically about what their digital footprint says about their values and respect for the community.”

But we are very much still in unchartered waters, and I know that the accountancy profession is working hard to navigate ahead, facing these challenges head-on and leading from the front, he pointed out.

“The pandemic is a still-unfolding, and the future remains uncertain,” Vaidyanathan concludes observed. “But as the examples in this report show, the accountancy profession’s responding robustly, and informed by pragmatic risk management as well as an opportunistic embrace of change to make things better.”

Related:  The importance of emotional intelligence
Tags: ACCApandemic
FutureCFO Editors

FutureCFO Editors

No Result
View All Result

Recent Posts

  • Asia Pacific private equity deal value down 44% in 2022
  • Investment planning: Sustainability metrics to be CFO’s standard practice by 2026
  • Rein in rogue spending by automating accounts payable
  • Is your people strategy human enough?
  • Security budgets rise more than in 2022 despite economic headwinds

Live Poll

Categories

  • Artificial Intelligence
  • Audit and Compliance
  • Automation
  • Big Data
  • Blockchain
  • Business Applications
  • Business Insights
  • Case Studies
  • Cloud, Platforms and Ecosystems
  • Competencies and Capabilities
  • Digital Transformation
  • eBooks and eBriefs
  • Finance Accounting and Reporting
  • Future Technology
  • General
  • Infographics
  • Leadership and Roles
  • Mergers and Acquisitions
  • Operational Accounting and Control
  • Operations
  • Polls and Surveys
  • Resources
  • Risk and Regulation
  • Strategies and Tactics
  • Tax Management and Optimization
  • Technology
  • Treasury and Cash Management
  • Videos/Tutorials
  • Webcasts/Podcasts
  • White Papers

Strategic Insights for Finance Executives

FutureCFO.net is about empowering the CFO and the Finance Team to take on the leadership position in the digitalization of the enterprise. It's more than just a portal for the exchange of industry best practices, it is about creating and growing a community of finance professionals able to share learned experiences, providing a platform for the current and next generation of finance leaders and professionals.

Quick Links

  • Videos
  • Resources
  • Subscribe
  • Contact

Cxociety Media Brands

  • FutureIoT
  • FutureCFO
  • FutureCIO
  • Privacy Policy
  • Terms of Use
  • Cookie Policy

Copyright © 2022 Cxociety Pte Ltd | Designed by Pixl

No Result
View All Result
  • Business Insights
    • Competencies and Capabilities
    • Digital Transformation
    • Leadership and Roles
    • Mergers and Acquisitions
    • Risk and Regulation
    • Strategies and Tactics
  • Operations
    • Audit and Compliance
    • Finance Accounting and Reporting
    • Operational Accounting and Control
    • Tax Management and Optimization
    • Treasury and Cash Management
  • Technology
    • Artificial Intelligence
    • Automation
    • Big Data
    • Blockchain
    • Business Applications
    • Cloud, Platforms and Ecosystems
    • Future Technology
  • Resources
    • Whitepapers
    • PodChats
    • Videos
  • Events
  • Awards
  • Knowledge Hub
    • Sustainable Finance
Login

Copyright © 2022 Cxociety Pte Ltd | Designed by Pixl

Login to your account below

or

Not a member yet? Register here

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In